If you were to buy a house locally at the current median price of $2,177,500 and had 10% deposit, then you would need a mortgage for $1,959,750. This is a very large mortgage compared to state.
Between 2005 and 2011 the population of CAMBERWELL, 3124 grew an average of 78.20 people each year. This figure of 3985.60% per annum means CAMBERWELL is one of the fastest growing suburbs in VIC.
CAMBERWELL, 3124 has seen a substantial increase in the amount of mortgage repayment the median home owner makes every month. Between 2006 and 2011 mortgage brokers have seen the median housing loan repayment increase from $1,836 to $2,500.
Mortgage brokers in CAMBERWELL, 3124 have clients whose median home loan repayment amounts in the latest census each month are $2,122 This means that in a list ranking mortgage payments by amount in VIC their monthly home loan payments would place their suburb at number 14th.